Okay okay... I get it but please don't tell everyone. I've got sell orders in for my other stocks and I want to make a little more profit off of them before everyone realizes it was just a breather for oil.
I also want to roll those extra profits I'll make off the stock rise into my oil and commodity investments.
Shhhh! If you tell everyone, then none of us will make any money.
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I also want to roll those extra profits I'll make off the stock rise into my oil and commodity investments.
Shhhh! If you tell everyone, then none of us will make any money.
Why Is Oil Going Up? [View article]
Did you ever think that when the dollar went up, that kept oil from going even higher.
The trend for oil has been up for years now. A rising dollar simply stalled the trend in place since it cost less dollars to import, refine, etc.
Now, if the supply also went up while the dollar went up and we still saw the price of oil go up... then there is a problem.
Nothing is black and white. Take all variables into account before you make such silly statements.
Better yet, take a statistics class so you understand what coorelation is.